JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 11,756 shares, a growth of 71.5% from the May 31st total of 6,855 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 20,763 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JPSE. Financial Solutions Advisory Group Inc. acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the first quarter valued at approximately $7,701,000. Ipsen Advisor Group LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% in the first quarter. Ipsen Advisor Group LLC now owns 115,584 shares of the company’s stock valued at $6,060,000 after buying an additional 2,556 shares in the last quarter. Bank of America Corp DE lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock valued at $32,028,000 after acquiring an additional 25,608 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 1st quarter valued at $1,093,000. Finally, Cetera Investment Advisers boosted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.3% during the 1st quarter. Cetera Investment Advisers now owns 53,556 shares of the company’s stock worth $2,808,000 after acquiring an additional 1,186 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 0.9%

JPSE traded down $0.51 during trading on Thursday, reaching $59.48. The stock had a trading volume of 30,739 shares, compared to its average volume of 28,798. The firm has a market capitalization of $590.64 million, a price-to-earnings ratio of 15.86 and a beta of 0.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $44.85 and a 1-year high of $60.59. The stock has a 50 day moving average of $58.10 and a two-hundred day moving average of $54.90.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.